All the headlines from our AIG Topic Page, ordered by recency.
Nov 1 2012 // American International Group Inc. earned a larger-than-expected profit during the third quarter, due in part to big gains on its investment holdings.Questions about the sustainability of those profits, and uncertainty...
Oct 24 2012 // In the summer of 2011, Yahoo Inc.’s board decided enough was enough. Directors had seen the Internet giant’s stock languish, and the answers they got from Carol Bartz, chief executive at the time, fell short of...
Oct 22 2012 // Insurer American International Group Inc. has agreed to an $11 million settlement with a group of states over its claims settlement practices for life insurance policies on Monday.AIG is the latest insurer to settle state...
Oct 22 2012 // AIG Insurance Co. will pay an estimated $25 to $30 million owed to California beneficiaries of life insurance policies, and an $11 million settlement payment.California Controller John Chiang began auditing AIG’s...
Oct 22 2012 // American International Group revealed earlier this month what the company described as “a refreshed AIG logo,” featuring a modernized design and new color palate.The updated logo will begin appearing widely in...
Oct 12 2012 // American International Group Inc. (AIG) and the New Zealand Rugby Union (NZRU) have agreed to a a five-and-a-half year agreement for AIG to sponsor six NZRU rugby teams: the All Blacks, Maori All Blacks, All Blacks Sevens,...
Oct 2 2012 // American International Group today revealed what the company described as “a refreshed AIG logo,” featuring a modernized design and new color palate.The new logo, at top, and the current logo, below. The...
Oct 2 2012 // Insurance giant American International Group Inc. said that it has received a notice from the Financial Stability Oversight Council (FSOC) that it is under consideration as a “systemically important financial...
Sep 24 2012 // We have a news item in this Sept. 24 issue, on page 8, that marks a milestone for one of the most talked about U.S. corporations in recent times.For the first time since its $182 billion bailout by the U.S. Treasury...
Sep 24 2012 // The U.S. government is no longer the majority owner of American International Group Inc. The bailed-out insurance company said on Sept. 14 that the Treasury Department had completed a planned sale of AIG stock, which...
Sep 10 2012 // The U.S. government cut its stake in American International Group Inc. to 19 percent on Monday, making a profit of $12.4 billion on the insurer’s crisis-era bailout and bringing the unpopular rescue closer to its...
Sep 10 2012 // The U.S. Treasury said on Monday it expects to raise $18 billion from its sale of American International Group shares, representing a profit of $12.4 billion to date on the Treasury and Federal Reserve’s investment...
Sep 10 2012 // The U.S. Treasury Department said it will sell most of its stake in insurer American International Group Inc., making the government a minority investor for the first time since it rescued the company in the depths of the...
Sep 10 2012 // American International Group Inc. (AIG) does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner’s policy, a federal appeals court...
Sep 7 2012 // American International Group Inc. said it raised $2.02 billion through the sale of a partial stake in its former Asian unit AIA Group Ltd, placing the shares at a surprise premium although analysts were disappointed at the...
Aug 23 2012 // The Federal Reserve Bank of New York brought to a close another chapter in the government’s taxpayer-funded bailouts of 2008 with the sale of its remaining assets of insurer American International Group, the bank...
Aug 15 2012 // American International Group Inc. does not have to cover insurance claims from two former Bernard Madoff clients who sought compensation for their losses under their homeowner’s policy, a federal appeals court ruled...
Aug 7 2012 // American International Group Inc. said today hat the U.S. Department of the Treasury expects to receive an additional $750 million in addition to its previous estimate of $5 billion from its underwritten public offering of...
Aug 6 2012 // The U.S. Treasury Department said on Friday it expects to raise $5 billion from its sale of American International Group stock, cutting the government’s stake in the bailed-out insurer to 55 percent.The sale, which...
Aug 6 2012 // The government’s consumer finance watchdog is investigating mortgage insurance deals between banks and the insurers American International Group Inc., MGIC Investment Corp. and Genworth Financial Inc.The three...